The Order-to-Cash Cycle (O2C) covers all the processes from taking the order through to banking the payment receipt, see figure below. The main working capital management objective in O2C is to…
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'The treasurer's guide to trade finance' sponsored by RBS and The Association of Corporate Treasurers second edition is now available. It has been comprehensively updated. The introductory
AFP in partnership Thomson Reuters is to provide access to selected companies to evaluate their creditworthiness and to identify emerging trends in counterparty credit risk. AFP members can now
Atradius Group, which provides trade credit insurance, surety and collections services worldwide, carryout an annual Payments Practices Barometer survey in Asia-Pacific region. The 2012 survey of
We're nearly at the final hurdle for directive 2011/7/EU. The deadline for implementation is 16 March 2013 and so far most countries look to be transposing the directive exactly in the form suggested by the EU Commi
PPG is a major MNC in Europe with 100+ legal entities using Oracle and SAP ERP systems with completely decentralized cash application and collection processes. There were a mixture of
The UK is one of the strongest digital commerce markets in the world, as in 2012, B2C e-commerce sales in the country have increased 14.4 percent to GBP 77.35 billion, up from GBP 67.60 billion in the previous year,
HSBC Global Payments and Cash Management have launched a new automatic reconciliation solution for fast moving consumer goods (FMCG) clients in Asia. The new solution, which is part of the integrated receivables sol
Optimising working capital management and procurement is not easy. Many companies have already gone through working capital and procurement programmes, spent
Square were the first to develop an adapter (1) to enable the mobile phone to accept card payments(2), and also convert the iPad (3) and the iMAC (4) into a POS terminal:
SAP has agreed to acquire Ariba, a leader in collaborative commerce applications, for $4.3bn as the German enterprise software company expands its cloud offerings. The deal will be probably be completed by the end o
Billing automation using all sorts of payments channels is happening world-wide, here are a few of the latest examples:
